U.S. stocks advanced on Monday as semiconductor shares recovered from last week's selloff ahead of a heavy earnings schedule that could test whether Big Tech profits can support elevated market expectations. The S&P 500 Index (SPY) gained 0.4% by 12:36 p.m. in New York, while the Nasdaq 100 Index r…
Apple NASDAQ:AAPL, the iPhone maker, has reclaimed its position as the world's most valuable company after overtaking NVIDIA NASDAQ:NVDA, a chipmaker whose processors are used by major artificial intelligence developers. NVIDIA shares fell 3.7% on Friday, reducing the company's market capitalizatio…
Apple Inc. (AAPL) and the US Justice Department are reportedly in early discussions to settle a 2024 lawsuit alleging that the iPhone maker violated antitrust laws. The discussions are active, but there is no guarantee that the two sides will reach an agreement, reported Bloomberg, citing people fa…
Shares of Apple (AAPL) were among the top trending tickers on Stockwits after HSBC upgraded the stock to 'Buy' and raised its price target on the company by over $100. A Financial Times report also said that the company had sent legal letters to around 40 former employees of the company now working…
Apple stock opened higher and traded near the flat line in premarket on Friday, bucking a broader market selloff led by semiconductor stocks, with some retail traders viewing the stock as a safe-haven play.The resilience in Apple stock follows sharp gains in recent weeks, with shares hitting a fres…
AAPL ahead of earnings: traders watch iPhone demand, memory-costs' effect on margins, consumer spending and company guidance for signals on near-term revenue and margin forecasts.A
iPhone maker is enjoying a solid run just a few weeks after price hikes dented investor confidence. Earnings ahead.🏆 Record High, Bigger Expectations✅ AI Gets Green Light📊 Earnings Take Center Stage
What Happened? Shares of iPhone and iPad maker Apple NASDAQ:AAPL jumped 4.2% in the afternoon session after the company secured regulatory approval to launch Apple Intelligence in China by integrating Alibaba's Qwen AI model.The Cyberspace Administration of China officially greenlit Apple's AI serv…
Apple Inc. (AAPL) is said to be exploring acquisitions of AI chip startups as it looks to strengthen its in-house server chip capabilities,According to a report by The Information, this comes amid ongoing struggles that Apple is facing with the performance of its in-house chips powering the iPhone…
OpenAI, an artificial intelligence company developing new technology and devices, said Tuesday that it is not aware of evidence supporting Apple Inc. NASDAQ:AAPL, the iPhone maker, in its lawsuit alleging trade-secret theft. Apple filed the complaint four days earlier, claiming OpenAI obtained prop…
Apple (AAPL, Financials), the company behind the iPhone, Mac and iCloud, has won dismissal of a lawsuit that accused it of not doing enough to stop child sexual abuse material from being stored and shared through its cloud service.The case was brought by two plaintiffs on behalf of roughly 2,680 pe…
Apple NASDAQ:AAPL, the iPhone maker, has filed a lawsuit accusing OpenAI, the San Francisco-based artificial intelligence company, of seeking confidential information about unreleased Apple products from former employees and prospective recruits. Apple alleges that OpenAI encouraged some hires to a…
Apple (AAPL, Financials), the consumer technology company behind the iPhone, Mac, iPad and Apple Watch, was downgraded to Underweight by KeyBanc Capital Markets.The firm set a $250 price target and said recent spending data points to softer demand. Its June tracking showed spending fell 2% from May…
Apple NASDAQ:AAPL shares moved lower on Tuesday trading after KeyBanc Capital Markets lowered its rating on the iPhone maker to Underweight from Sector Weight, citing concerns that higher device prices could weigh on future demand.KeyBanc kept its $250 price target on Apple but said recent increase…
Apple NASDAQ:AAPL received a higher price target from Citi after the brokerage lifted its forecast to $365 from $315 while reiterating its Buy rating, citing confidence in the company's market position and upcoming product cycle.Citi said Apple remains well placed to expand its share in the smartph…
The global smartphone market experienced its steepest second-quarter slump in over a decade, though premium device makers Apple Inc. (AAPL) and Alphabet’s (GOOGL) Google managed to outpace the broader industry decline.According to preliminary data released on Monday by Counterpoint Research, global…
Alphabet NASDAQ:GOOGL is trying to sell Google's tensor processing units to neocloud providers, pushing deeper into a market dominated by Nvidia's GPUs, according to The Information.The challenge is distribution. Nvidia NASDAQ:NVDA already has close ties with major neoclouds including CoreWeave NAS…
Apple NASDAQ:AAPL and Samsung gained smartphone market share in the second quarter even as global shipments fell 4% year over year, highlighting how the industry's largest players continue to benefit from the AI upgrade cycle and supply advantages.Samsung remained the world's biggest smartphone ven…
Citi reiterated its bullish outlook on iPhone maker Apple Inc. (AAPL) on Monday and issued positive commentary ahead of the company’s fiscal third-quarter earnings expected at the end of the month.The firm said it is constructive on AAPL shares heading into the earnings report and expects the compa…
OpenAI CEO Sam Altman said he is not “afraid of Apple” after the iPhone maker sued his company over alleged trade secret theft, a major development in the tech industry that could have implications for the AI startup’s IPO plans.“I am not afraid of apple, but i have tremendous respect for them. s-t…
